Former WWE Star Ted DiBiase Could Face 45-Years Imprisonment in Criminal Case

Former WWE star Ted DiBiase is facing legal troubles as he is embroiled in criminal case in the Mississippi Southern District Court.

The charges against him include conspiracy to commit wire fraud and theft concerning programs receiving federal funds, wire fraud, money laundering, and theft involving programs receiving federal funds. DiBiase, who has plead not guilty to all charges, is set to appear for a status conference on August 14, 2023, before the court.

The indictment alleges that DiBiase, along with co-conspirators, fraudulently obtained federal funds from programs such as The Emergency Food Assistance Program (TEFAP) and the Temporary Assistance for Needy Families (TANF) programs for personal use and benefit. It is claimed that DiBiase misused these funds for purchases, including a house, a boat, and a vehicle, among other expenditures, without fulfilling the obligations of the sham contracts he had entered into with various entities.

The charges also include allegations of wire fraud, wherein DiBiase transferred money from one of his companies to another and used it for various personal expenses. Additionally, DiBiase is accused of money laundering, involving the transfer of funds obtained through illegal activities.

If convicted on all counts, DiBiase could face a maximum of 45 years imprisonment and a million-dollar fine. The severity of the charges and potential consequences highlight the gravity of the case.

During a court hearing, it was revealed that DiBiase had tested positive for both Adderall and marijuana on the morning of his arrest. His attorney attributed the marijuana test to his use of hemp oil and a CBD gummy, and also mentioned that DiBiase had been diagnosed with ADHD, explaining his use of Adderall, although he did not have a valid prescription.

Despite the legal battle, DiBiase maintains his innocence and has been released on an unsecured bond of $10,000. The court hearing on August 14 is expected to set a new timeline for the trial and further proceedings.

As the legal process unfolds, Ted DiBiase’s future remains uncertain, and the wrestling world awaits the outcome of the case that has caught the attention of many fans and industry insiders.

How do you think this case might impact his legacy as a former WWE star and wrestling personality? Leave us a comment below.